TransAct Technologies Stock Forward View
| TACT Stock | USD 3.37 0.01 0.30% |
TransAct Technologies Incorporated's Naive Prediction reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for TransAct Technologies. This page is updated as new daily closing prices become available for TransAct Technologies.
The Naive Prediction forecasted value of TransAct Technologies Incorporated on the next trading day is expected to be 3.38 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.59.This model is not at all useful as a medium-long range forecasting tool of TransAct Technologies Incorporated. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict TransAct Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. All Naive Prediction forecast figures shown for TransAct Technologies Incorporated are reference data reflecting model output based on available historical prices. TransAct Technologies Cash Forecast
Financial forecasting for TransAct Technologies applies quantitative methods to TransAct Technologies' historical cash flow data. Revenue trends, working capital cycles, and capital expenditure patterns are embedded in TransAct Technologies' historical statements. Working capital efficiency and margin trends are critical inputs to TransAct Technologies's cash flow forecast. Modeling how these drivers interact produces a more complete cash flow forecast for TransAct Technologies.
Cash | First Reported 1996-09-30 | Previous Quarter 20 M | Current Value 20.4 M | Quarterly Volatility 4.6 M |
Macro event markers
Naive Prediction Price Forecast For the 26th of March
Given 90 days horizon, the Naive Prediction forecasted value of TransAct Technologies Incorporated on the next trading day is expected to be 3.38 with a mean absolute deviation of 0.09 , mean absolute percentage error of 0.01 , and the sum of the absolute errors of 5.59 .Please note that although there have been many attempts to predict TransAct Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that TransAct Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest TransAct Technologies | TransAct Technologies Price Prediction | Research Analysis |
Forecasted Value
Forecasting TransAct Technologies Incorporated for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 0.03 and upside near 7.05.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of TransAct Technologies stock data series using in forecasting. Note that when a statistical model is used to represent TransAct Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.6104 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0902 |
| MAPE | Mean absolute percentage error | 0.0242 |
| SAE | Sum of the absolute errors | 5.5938 |
Other Forecasting Options for TransAct Technologies
Bollinger Bands applied to TransAct Stock price data measure how far TransAct has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to TransAct Technologies' price data. On-balance volume for TransAct Stock creates a running indicator of buying versus selling pressure in TransAct. Price departures from the channel boundary often mean-revert, offering tactical signals for TransAct Technologies'.TransAct Technologies Related Equities
TransAct Technologies's market space within the Information Technology space is best grasped by looking at the firms listed below. Revenue and margin checks across this group help investors set expectations for TransAct Technologies' results. Sector-wide trends across this peer group can help split company-level factors from broader forces.
| Risk & Return | Correlation |
TransAct Technologies Market Strength Events
For investors tracking TransAct Technologies Incorporated, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around TransAct Technologies Incorporated positions. These indicators capture shifts in momentum that may precede significant price moves in TransAct Technologies. These metrics provide actionable context for both entry and risk management decisions around TransAct Technologies Incorporated.
TransAct Technologies Risk Indicators
Analyzing TransAct Technologies' basic risk indicators provides investors with a structured view of the risk-return trade-off for transact stock. By identifying the level of risk embedded in TransAct Technologies' investment, investors can make informed decisions about position sizing. Analyzing TransAct Technologies' risk indicators gives investors important context for price forecasting. Understanding the risk in TransAct Technologies' investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 2.65 | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.42 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for TransAct Technologies
The amount of media and story coverage tied to TransAct Technologies Incorporated can signal where market attention is concentrating at the moment. A disciplined read of coverage separates durable relevance from temporary noise.
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TransAct Technologies Short Properties
Short-interest signals around TransAct Technologies Incorporated can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. The practical goal is to identify when the balance between long and short participation may be changing the quality of the setup.
| Common Stock Shares Outstanding | 10.1 M | |
| Cash And Short Term Investments | 20.4 M |
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